FAST FACTS
Singapore
South-East Asian city state
Former British colony
Highly trade-oriented
Highest density of millionaires, HNWIs
Infrastructure / Enablers
Demand
Private Collectors
Individuals / Family offices
Patron of the arts
Investors, Art Funds
Art as an investment asset
e.g. Strategic Art Fund
Art Investment Brokerage
e.g. Art Futures Group
Private banks
Fund of funds, but not really taking off
Intermediaries
Market challenges
THE ART ECO-SYSTEM
Critical mass
Strong rival markets (Hong Kong)
'Cash poor, asset rich'
Market versatility
South East Asia, South Asia markets
Low to middle end prices
Digital frontier
Education
Supply
Auction Houses
Christie's, Sotheby's
33 Auction, Borobudur, Larasati
Art Fairs
Art Stage Singapore
Affordable Art Fair
Professional services
Shipping and transport
Storage- Singapore Free Port
Tax policies
Insurance
Legal services
Government
National Arts Council
Economic Development Board
Who are the artists?
Local [La Salle, SOTA, NFA]
SEA, Chinese, International
How are they being represented?
Galleries
Museums (not for profit)
Events
1. Supply 3. Intermediaries
2. Demand 4. Infrastructure
Ruben Pang
Untitled
Tan Swie Hian
When the Moon is Orbed
Singapore- January 2013 auction sales
Combined sales USD14.1m
Bought-in rate 21%
Affandi (Indonesia)
School of the Arts (SOTA)
La Salle School of the Arts
National Museum of Singapore
Future Potential
singapore
Source: Artnet
source: artprice
Gillman Barracks- international galleries
Asia-Pacific millionaires' passion investments
Source: The Asset
Loading presentation...
Present Remotely
Send the link below via email or IM
Present to your audience
- Invited audience members will follow you as you navigate and present
- People invited to a presentation do not need a Prezi account
- This link expires 10 minutes after you close the presentation
- A maximum of 30 users can follow your presentation
- Learn more about this feature in our knowledge base article
The Singapore Art Market
No description
